Roberts: AT&T/DirecTV ‘Powerful Combination’

Comcast chairman and CEO Brian Roberts told analysts that he believes AT&T’s pending deal to acquire DirecTV is a “powerful combination,” adding that the $67 billion merger validates the idea that the market is changing rapidly.

Roberts said the two companies are “part of the reason we have lost video subs,” over the past six years. “And it sort of for me validates the changing and dynamic nature of the market that we are living in, the technological changes, the consumer behavior changes that are happening at very fast speeds,” Roberts said.